The APIs are not meant for placing fully automating trades (without manual intervention). If you wish to use the APIs for full automation, you should seek necessary approvals from the exchange. Zerodha can provide the necessary assistance in obtaining approvals. -------------------
Kindly let us know which category a Partnership firm belong to? Retail or Institutional? If we belong to "Retail", what are the procedures to obtain approval from the exchange? Do Zerodha or the exchange charge any fees for obtaining approval? How long it takes?
You can send an email to kiteconnect(at)zerodha.com and someone from the compliance team will get back to you.
thanks for the reply.
I contacted Zerodha Support and they said to post the queries in dev forum.
Please elaborate the following:
What is a fully automated trading.
For example: I enter a long position manually (by invoking the order window and clicking the Buy button) and exit the same position automatically (through a python program when the condition is met).
Which category, the above scenario comes under, "fully automated" or "semi automated", or "manual" ?
Zerodha support doesn't deal with compliance related stuff of Kite Connect APIs.
We are the developers here on the forum, we don't deal with compliance stuff either. You can email to kiteconect(at)zerodha.com or DM matti for the follow up.